Dave Ramsey on O’care – Do the Math

From Eagle Rising:


Dave Ramsey has been speaking financial sense to millions of people for years.  He has taught Americans that credit is not the beautiful thing that banks and credit card companies have tried to make it out to be. He has taught Americans that spending more than you make is never a good idea. He has taught Americans that now is always the right time to fix your spending habits and get your financial house in order. A few days ago, Mr.  Ramsey decided to share his wisdom with people of all political affiliations on how the Obamacare legislation would  affect every American, no matter their political beliefs.

“Pull your head far enough out of your politics to have an original thought.”

“January 1st, 2014 every insurance company is required to take  on anyone, no matter how sick they are, and they cannot charge them  more than someone who is not ill…You’re 500 lbs. you have diabetes, you’ve got cancer, you’ve had three heart attacks you’re going to pay the exact same premium as a perfectly healthy person.”

“I understand the motivation, and the nobility and the moral imperative behind that. I get that. But that doesn’t change the math, the math is that those people get sick more often and run up more medical bills than someone who is healthy. Duh.”

“If they now have to be covered by the same company that you’re covered by and they’re required to take them… then the math kicks in. Because the amount of  money that company was paying out to the medical community is going to go way up. They’re going to pay out to the medical community per person than they ever have before… what they pay out per person is how your premium is determined  – plus profit.”

“Everyone is going to be charged the same. Translation you are going to pay higher premiums to keep the insurance company open, so they don’t go broke.  Because they are now going to have to cover people that they didn’t have to  cover before… sick people.”

“It’s a nice moral imperative, but it doesn’t change the math.”

“Translation. Your health insurance premiums are going to go WAY up. They  HAVE to. It’s not that I’m mad about it, it’s not a political statement. It’s that I know how to do math.”

“Your premium went way up, your employer paying them might affect your raise. It might even affect the stability of your job because they might not be able to pay everybody, because they have higher costs of operating now… you paid for it, it’s called a pass-through, you’re going to pay for it.”

“46% of Americans pay NO income tax.”

“This  is not an angry thing, it’s a math thing… we are not exempt from math. Just because you think social security is a good idea does not mean you are right,  you still have to do the math.”

“If I put 10% of the money that I pay into Social Security I can beat what social security administration does with the other 90%, that’s how bad it sucks, mathematically. In other words that money is not invested it is sent to Washington and promptly stolen by them.”

“You don’t even get back what you pay in. Mathematically this is known as,  sucks….”

“We got a mess up there…”


No kidding!! Wouldn’t it have been nice if they’d done the math BEFORE they put this into law? Knowing our government, they probably would have implemented it anyway.


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9 Responses to Dave Ramsey on O’care – Do the Math

  1. One of the most insane comments that will be remembered through the ages was uttered by the Botox Queen, Pukelosi
    “We have to pass it before we can know what’s in it~!”,

    My Uncle always cautioned me, about putting the cart before the horse~!

    Now we can see his wisdom~!

  2. Garnet92 says:

    Great post Kathy! I have no doubt that the dems knew exactly how the math had to work, they didn’t care – they were passing the most encompassing legislation ever to pass congress and it would be their legacy and reason for the 47% to continue to reelect them.

    • Kathy says:

      Thanks, Garnet. I remember the day with the huge gavel – they saw themselves as these huge history makers, and they were – it’s the wrong kind of history.

  3. Hardnox says:

    Universal Health Care has been the Left’s dream for 60 years. I doubt few if any fully understood what was in it since it was nothing more than a hodge podge of documents thrown together that were offered by special interest groups. The document contradicts itself thousands of times but the boiler plate is in the phrasing “the secretary shall decide”. Meaning they can do whatever the hell they want.

    They can kiss my ass.

    • Garnet92 says:

      Right Nox, I once saw a count of how many times that “secretary shall decide” etc. and though I don’t remember the exact number, it was over 100 times. Every one of those occasions leaves it up to the secretary to, in effect, make law.

      In fact, depending on what the secretary determines, the law, instead of being a healthcare law could become a “how to construct a doll house” or “slow cook a brisket.”

    • Kathy says:

      That little phrase torqued my jaw too. I won’t be participating in their extortion scheme; I’ll rot in jail first.

  4. Mrs AL says:

    Dave Ramsey is a supurb source, Kathy. Thanx for posting this. As for your torqued jaw — sounds painful.

  5. Clyde says:

    Ramsey gets it right. Along with ANYONE else who HAS read it. Count out Congress there. Good post, Kathy.